Customers who have seen their personal information stolen due to corporate data breaches have suffered recognizable injuries and have standing to sue, the Seventh Circuit ruled in late July. The court's holding revived a consumer class action against Neiman Marcus. Customers had sued after a data breach exposed their personal information and credit card numbers.
The ruling could be a boon for consumer advocates and class action lawyers, helping to reduce a major roadblock to litigation. For corporations who are victims to hacking, it could greatly increase their potential liabilities.